Tags: china hard landing
The End of Efficiency
December 5th, 2012
in Op Ed
by Michael Pettis, China Financial Markets The big news in the past two weeks has been the slew of economic data suggesting that China has firmly turned the corner on its economic close-down. Growth is up, investment is up, and inflation is down. Here,… more »
Debating with China Bulls
October 8th, 2012
in Op Ed
by Michael Pettis I recently “debated” twice with senior Chinese officials on the future prospects for China. In both cases they made the argument that Chinese growth rates were going to rise in the next few years and that the current deep pessimism i… more »
China: Rebalancing Means Exports Will Be Less Competitive
September 24th, 2012
in Op Ed
by Michael Pettis Three weeks ago the Wall Street Journal published my OpEd piece about concern that China may try to make the rebalancing process less painful by allowing the RMB to depreciate. In the piece I argue that this isn’t as obvious as you mi… more »
China: Hard Landing and Rebalancing
August 18th, 2012
in Op Ed
by Michael PettisEditor's note: This article was written a month ago but many of the observations and quotes from the press and political personna from that time (middle of July) sound much like what we have read in the past week. Obviously the author… more »
Gathering Storm: China's Epic Hard Landing
July 25th, 2012
in Op Ed
For the better part of the past year, my concern about Chinese economy was constantly aggravated by the depressing stories of entrepreneurs who committed suicide, fled the country or emigrated to the Western world. Most media have blamed monetary tighten… more »
